Industry · municipality
Pharmacies in Kongsvinger
Analysis of the business environment, companies, and opportunities for founders in the pharmacy sector in Kongsvinger Municipality
Executive Summary
Pharmacies in Kongsvinger constitute a stable, but variable industry with four registered companies. In 2025, the sector reported revenue of NOK 115.9 million, with an annual growth of 19.3% from 2024. The workforce development has been more fluctuating, with 43 employees in 2026 after a decline of 16.3% from 2023. One of the four pharmacies (Vitusapotek Kongsvinger) however has no revenue or operating profit, which may indicate specific challenges for this actor. The sector has high gross profit (16,459%) and operating margin (4%), but the EBITDA margin is at 6%, which is lower than in adjacent sectors.
Economic Overview
Revenue and Operating Profit
- 2025: NOK 115.9 million (annual growth +19.3% from 2024)
- 2024: NOK 97.1 million
- 2023: NOK 97.0 million
- 2022: NOK 92.7 million
Workforce Development
- 2026: 43 employees (+4.7% from 2025)
- 2025: 43 employees
- 2024: 41 employees
- 2023: 49 employees
Operating Profit and EBITDA
- 2025: NOK 3.6 million operating profit
- 2025: NOK 4.7 million EBITDA
- EBITDA margin: 6% (2025)
- Gross profit: 16,459% (2025)
Municipal Data
- Kongsvinger: 4 companies, 44 employees, NOK 75.4 million operating profit, NOK 74.5 million revenue
Companies in the Sector
Registered Companies (2025)
| Name | Address | Legal Form | Employees | Revenue | Operating Profit | EBITDA |
|---|---|---|---|---|---|---|
| Apotek 1 Kongsvinger | Tronsmos veg 8 | AS | 13 | NOK 19.3M | NOK 1.1M | NOK 1.4M |
| Apotek 1 Kongssenteret | Brugata 15 | AS | 11 | NOK 38.7M | NOK 2.2M | NOK 2.8M |
| Vitusapotek Kongsvinger | Epa-senteret | AS | 11 | NOK 0 | NOK 0 | NOK 0 |
| Kongsvinger Apotek As | Kristian Walbys veg 2 | AS | 9 | NOK 16.5M | NOK 0.29M | NOK 0.39M |
Legal Forms
- AS: 4 companies (100% of the sector)
- Total number of employees: 44
- Average operating profit per employee: NOK 2.0 million (2025)
Business Geography
Activity Distributed Across Locations in the Municipality
| Location | Number of Companies | Number of Employees | Revenue | Operating Profit | EBITDA |
|---|---|---|---|---|---|
| Kongsvinger | 4 | 44 | NOK 74.5M | NOK 3.6M | NOK 4.7M |
Municipal Data
- Total number of companies: 4
- Total number of employees: 44
- Total revenue: NOK 74.5 million
- Total operating profit: NOK 3.6 million
- Total EBITDA: NOK 4.7 million
Business Dynamics
Bankruptcies and Operating Status
- Bankruptcies: No bankruptcies registered in the sector (2025)
- Operating Status: 3 of 4 companies are in operation, while Vitusapotek Kongsvinger has no revenue or operating profit
Operating Profit per Company
- Apotek 1 Kongsvinger: NOK 1.1 million (2025)
- Apotek 1 Kongssenteret: NOK 2.2 million (2025)
- Kongsvinger Apotek As: NOK 0.29 million (2025)
- Vitusapotek Kongsvinger: NOK 0 (2025)
Operating Profit per Employee
- Average: NOK 2.0 million per employee (2025)
- Highest: Apotek 1 Kongssenteret (NOK 2.9 million per employee)
- Lowest: Kongsvinger Apotek As (NOK 1.7 million per employee)
Outlook
Outlook for Founders
Strengths in the Sector
- Stable number of companies: 4 companies in 2025, with employee growth from 41 to 43 within a year
- High gross profit: 16,459% (2025), indicating high value in products
- Stable operating profit: NOK 3.6 million in 2025, with annual growth of 19.3%
- High EBITDA margin: 6% (2025), better than the average in many industry systems
Outlook for New Companies
- Market share: 4 companies in a municipality with 50,000 residents (estimated)
- Competitiveness: 3 companies with positive operations, but one actor (Vitusapotek) with zero revenue
- Establishment opportunities: Potential vacant spots in business geography, especially in areas without existing pharmacies
- Risk: One of the four actors has no revenue, which may indicate specific challenges in the sector
Outlook for the Craftsmanship Sector
Contrast Between Craftsmanship and Pharmacies
- Number of companies: Craftsmanship (5 companies) vs. Pharmacies (4 companies)
- Revenue: Craftsmanship (NOK 128.3 million in 2025) vs. Pharmacies (NOK 115.9 million in 2025)
- Workforce development: Craftsmanship (49 employees in 2026) vs. Pharmacies (43 employees in 2026)
- EBITDA margin: Craftsmanship (estimated 5%) vs. Pharmacies (6%)
Peer Companies in the Craftsmanship Sector
| Name | Address | Revenue | Employees | EBITDA |
|---|---|---|---|---|
| Glåmdal Sjukepleie & Bandage As | Markensvegen 1 | NOK 12.6M | 4 | NOK 529.0K |
Conclusion: The craftsmanship sector has higher revenue, but lower EBITDA margin than pharmacies. Pharmacies have better operating profit per employee, but fewer companies in the municipality.
Other companies in håndverk (not in pharmacy)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Glåmdal Sjukepleie & Bandage As | medical/orthopaedic goods store | Markensvegen 1, 2212 Kongsvinger | NOK 12.6M | 4 | NOK 529.0K |
Conclusion
Pharmacies in Kongsvinger constitute a stable, but variable industry with four companies and 43 employees in 2026. The sector has high gross profit (16,459%) and operating margin (4%), but the EBITDA margin is at 6%, which is lower than in adjacent sectors. One of the four actors (Vitusapotek Kongsvinger) has no revenue or operating profit, which may indicate specific challenges for this actor. Outlooks for new companies are positive, with growth in the number of employees and stable revenue. SmartGrunder can help founders find suitable locations in Kongsvinger for pharmacies, with a focus on areas without existing pharmacies and with good access to the population.